Which of the following statements is incorrect?
A) Real cash flows must be discounted at a real discount rate.
B) (1 + real rate of interest) = (1 + nominal rate of interest )/(1 + inflation rate).
C) Real rate of interest almost equals "nominal rate of interest - inflation rate."
D) None of these.

Question

Quizplus · Accepted Answer

All the statements are correct, so "None of these" is the incorrect statement.

Which of the Following Statements Is Incorrect